Middle East
Interview with Mr. P. Venugopal, Secretary General, Insurance Institute of India
New India Assurance targets net profit of Rs600 cr this fiscal
The largest general insurer New India Assurance has targeted a net profit of Rs 600 crore this fiscal and planned expansion of its foreign operations in 2013-14. Read more
United India Insurance plans to enter Middle East, SAARC
United India Insurance Company plans to enter the Middle East and SAARC countries to tap the potential in these regions due to a presence of a large India diaspora, a top company executive has said. “UII is eyeing operations in Middle East and SAARC nations. Though this is in preliminary stage, a detailed survey has revealed rich potential due to a large Indian diaspora and business activities of Indian and foreign companies,” the state-owned company’s CMD Milind Kharat told reporters. Read more
Gaurav D. Garg Joins Mercer as Region Leader, Growth Markets
Gaurav D. Garg will join Mercer effective 12 September as Region Leader, Growth Markets, incorporating Mercer’s businesses in Asia, Middle East, Africa and Latin America, where Mercer presently has operations in 20 countries, it was announced today by Julio A. Portalatin, Mercer President and CEO. In this newly created position, Mr. Garg will report to Mr. Portalatin and serve as a member of the Executive Committee at Mercer.
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